AA521 - Enter transaction type, asset value date and amount posted

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 521

• Message text: Enter transaction type, asset value date and amount posted

What causes this issue?

You have not made all the necessary entries for posting simulation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter transaction type, asset value date and amount posted.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA521 - Enter transaction type, asset value date and amount posted ?

  The SAP error message AA521 typically occurs in the Asset Accounting (FI-AA) module when you are trying to post a transaction related to an asset, but the system requires additional information that has not been provided. Specifically, this error indicates that the transaction type, asset value date, and amount must be entered before the transaction can be processed.
  Cause:
  The error is caused by missing mandatory fields in the asset transaction entry. The required fields are:
  
  Transaction Type: This indicates the type of asset transaction you are performing (e.g., acquisition, retirement, transfer).
  Asset Value Date: This is the date on which the asset transaction is effective.
  Amount Posted: This is the monetary value associated with the transaction.
  
  Solution:
  To resolve the AA521 error, you need to ensure that all required fields are filled in correctly. Here are the steps to follow:
  
  
  Check Transaction Type:
  
  Ensure that you have selected a valid transaction type from the dropdown list. The transaction type should correspond to the action you are trying to perform (e.g., acquisition, transfer, retirement).
  
  
  
  Enter Asset Value Date:
  
  Provide a valid asset value date. This date should be in the correct format and should be a date that is valid within the fiscal year you are working in.
  
  
  
  Input Amount Posted:
  
  Enter the amount that you are posting for the asset transaction. Ensure that the amount is numeric and follows the currency format defined in your SAP system.
  
  
  
  Review Additional Fields:
  
  Depending on the transaction type, there may be additional fields that need to be filled out. Make sure to review the entire transaction entry screen for any other required fields.
  
  
  
  Save and Retry:
  
  After filling in all the required fields, try to save the transaction again. If all mandatory fields are correctly filled, the error should no longer appear.
  
  
  
  Related Information:
  
  Transaction Types: Each transaction type has specific rules and requirements. Familiarize yourself with the transaction types relevant to your organization’s asset accounting processes.
  User Authorization: Ensure that you have the necessary permissions to perform the asset transaction. Lack of authorization can sometimes lead to errors.
  SAP Documentation: Refer to SAP Help documentation or your organization's internal guidelines for detailed information on asset accounting processes and transaction types.
  Consult with SAP Support: If the error persists after ensuring all fields are filled correctly, consider reaching out to your SAP support team for further assistance.
  
  By following these steps, you should be able to resolve the AA521 error and successfully post your asset transaction in SAP.